BERLIN, March 24 (Reuters) - U.S. ride-hailing company Uber plans to acquire German premium chauffeur services start-up Blacklane, Manager Magazin reported on Tuesday, citing sources. According to
Uber Nears Deal to Acquire German Chauffeur Start-Up Blacklane
Uber's Acquisition Plans and Blacklane's Valuation
BERLIN, March 24 (Reuters) - U.S. ride-hailing company Uber plans to acquire German premium chauffeur services start-up Blacklane, Manager Magazin reported on Tuesday, citing sources.
Valuation Details and Financial Terms
According to sources close to Blacklane, the company is likely to be valued at an "upper three-digit million" amount, the German business magazine said, without specifying if they meant euros or dollars.
Contract Status and Negotiation Updates
The contract is close to being signed but the exact details are not yet known, added the magazine.
Blacklane's Background and Major Shareholders
Major shareholders in Blacklane, which was founded in 2011 and operates in over 40 countries, include Mercedes-Benz and the family office of German billionaire businessman Carsten Maschmeyer, it reported.
Stakeholder Involvement
Mercedes-Benz and Carsten Maschmeyer
Major shareholders in Blacklane, which was founded in 2011 and operates in over 40 countries, include Mercedes-Benz and the family office of German billionaire businessman Carsten Maschmeyer, it reported.
Official Responses and Reporting Credits
Uber and Blacklane did not immediately respond to emailed requests for comment.
Reporting and Editorial Team
(Reporting by Rachel More and Akash SriramWriting by Miranda MurrayEditing by Ludwig Burger)
